Bharat Petroleum Corporation Limited (BPCL) has reported a Consolidated Net Profit of Rs 2,805 crore for the quarter ended December 31, 2021. This is an increase of 47% from the year-ago period.
Revenue from operations grew by 35% to Rs 1.17 trillion during the third quarter, as against Rs 87,292 crore in the same quarter last year.
This public sector company, which is about to be privatized, has also declared an interim dividend of Rs 5 for the current financial year.
On Monday, before the results, BPCL’s stock closed at Rs 396.85 on the NSE, up 3.75%. Further, the Board of the Company has fixed Friday, February 11, 2022 as the record date for deciding the eligibility of the Shareholders to receive the said Interim Dividend.